income tax - U/s 44AD / Af

Ram Thakkar (CA final ) (126 Points)

22 March 2011  

Hi ,

If 1 Person have 2 businesses - 1st Retail & 2nd Civil construction....

both businesses T/O is Rs.35 Lakhs,

So retails Business covered u/s 44AF,

& Civil Construction business is covered u/s 44AD,

this person covered under Tax Audit or not?

Please give me the suggestion